Poplar Creek Resources Inc.
TSX VENTURE : PCK

October 01, 2010 11:21 ET

Poplar Creek Resources Inc. Amends Flow Through and Unit $2,000,000 Financing

CALGARY, ALBERTA--(Marketwire - Oct. 1, 2010) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Poplar Creek Resources Inc. (the "Corporation") (TSX VENTURE:PCK), "PCK" on the TSX Venture Exchange (the "Exchange"), announces further to its September 16, 2010 news release that it and StephenAvenue Securities Inc. have agreed to amend the terms of the proposed brokered private placement by agreeing that the offering may consist of any combination up to $2,000,000 of flow-through common shares at $0.10 each and units ("Units") at a price of $0.08 per Unit, where a Unit consists of one common share and a non-transferable warrant to purchase a common share at $0.10 each for 18 months from closing of the financing. The closing of the financing is anticipated to be no later than October 29, 2010. All other terms remain the same, including Exchange approval.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Poplar Creek Resources Inc.
    John Carruthers
    CEO
    (403) 875-1820
    or
    Poplar Creek Resources Inc.
    Richard Edgar
    President & CFO
    (403) 616-5387